The Credit Junction, which focuses on supply chain financing to industrial and manufacturing small and mid-sized enterprises, has confirmed $2 million in seed funding led by GLI Finance Limited. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
What has paralyzed progress in the U.S. on the global standard for financial messaging, ISO 20022? In a word: risk. Across Europe, 20 financial organizations have already gone live with payments messaging services that meet the standard, thanks largely to the E.U.’s Single Euro Payments...
What has paralyzed progress in the U.S. on the global standard for financial messaging, ISO 20022? In a word: risk. Across Europe, 20 financial organizations have already gone live with payments messaging services that meet the standard, thanks largely to the E.U.’s Single Euro Payments...
Among the lingering side-effects of the financial meltdown has been a seemingly permanent shift in the consumer credit market and a customer base that is slightly more hesitant around credit products. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The Federal Reserve Banks of Boston and Atlanta applaud the many efforts to standardize payment tokenization, except the part that there are in fact so many such efforts. The potential for confusion and, much worse, standards conflicts undermining token efforts—especially in mobile—is a great concern...
DS-Concept Factoring, has provided $3 million exports accounts receivable facility to an Indian autoparts maker that is getting ready to take on the global market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
German engineering firm Siemens has chose Tungsten Corp PLC to help it bring E-Incoicing to both its suppliers and businesses worldwide. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
E-Invoicing platform provider Tungsten Network has announced two new pharmaceutical businesses have selected them for e-invoicing; Dana-Farber Cancer Institute, a world leader in cancer treatment and research, and Fresenius Medical Care NA, a US-based provider of kidney dialysis services and renal care products, and Get the Full...
Remarks September 25 from Wu Ruilin, deputy director of the supervision and inspection department of China’s State Administration of Foreign Exchange, indicate that a recent probe into fraudulent trade financing agreements turned up nearly $10 billion in fictitious deals. Get the Full Story Complete the...
